Man Industries (India) Limited — PPTs, 13-02-2025: Investor Presentation

**Financial Highlights:**

For Q3 FY25, Man Industries (India) Limited reported revenues from operations at INR 7,308 million, down from INR 8,303 million year-on-year. EBITDA improved to INR 868 million with a margin of 11.6%, reflecting operational resilience. Profit After Tax (PAT) also increased to INR 376 million, translating to a PAT margin of 5.0%. For the nine months ending FY25, total revenue was INR 22,678 million, slightly lower than the previous year, but PAT grew to INR 968 million, reflecting a stable operating environment.

**Strategic Initiatives and Growth Drivers:**

The company has successfully secured a new order valued at INR 2.5 billion, pushing the total order book to approximately INR 29 billion, to be executed within the next 12 months. Ongoing expansions in Jammu and Saudi Arabia are progressing as planned, with both expected to contribute significantly to future revenues by Q3 FY26.

**Business Developments:**

Man Industries has launched an ERW pipe manufacturing unit, catering to growing demand in the oil & gas sector. Successful assessments for API 5L X 70 grade pipes have marked the start of exports.

**Market Position and Competitive Advantage:**

With over 1.18 million MTPA installed capacity and a presence in over 30 countries, Man Industries holds a strong position in large-diameter pipe manufacturing. The strategic location of manufacturing facilities enhances its logistics and export capabilities.

**Investor Implications:**

Given the robust order book and ongoing expansion initiatives, the outlook remains positive, suggesting potential growth avenues ahead. However, investors should watch for market dynamics and operational execution in the upcoming quarters.